This list of the oldest banks in India includes financial institutions that were founded in the 18th and 19th centuries. Listed are the forty oldest banks in India, which includes all financial institutions founded prior to 1850.
The oldest bank in India is The Madras Bank (1683), followed by the Bank of Bombay, founded in 1720, which is then followed by the Bank of Hindustan, founded in 1770.
The oldest bank still in operation is the State Bank of India, whose origins can be traced back to the Bank of Calcutta. It was founded in 1806, though the tenth to be founded.[1]
Rank
Name of bank
Year of founding
Year of closing
Present status
Headquartered in
References[2]
1
The Madras Bank (1683)
1683
1843
Merged to form Bank of Madras, presently the State Bank of India
Madras Presidency
[3][1][4]
2
Bank of Bombay
1720
1770
Defunct
Bombay
[3][1][4]
3
Bank of Hindustan
1770
1832
Defunct
Calcutta
[3][1][4]
4
General Bank of Bengal and Bihar
1773
1775
Defunct
Calcutta
[3][1][4]
5
Bengal Bank
1784
1791
Defunct
Calcutta
[3][1][4]
6
General Bank of India
1786
1791
Defunct
Calcutta
[3][1][4]
7
Carnatic Bank
1788
1843
Merged to form Bank of Madras, presently the State Bank of India
Madras Presidency
[3][1][4]
8
British Bank of Madras
1795
1843
Merged to form Bank of Madras, presently the State Bank of India
Madras Presidency
[3][1][4]
9
The Asiatic Bank (1804)
1804
1843
Merged to form Bank of Madras, presently the State Bank of India
Madras Presidency
[3][1][4]
10
Bank of Calcutta
1806
1921
Merged with the Imperial Bank of India, presently the State Bank of India
Calcutta
[3][1][4]
11
The Commercial Bank
1819
1828
Merged with The Calcutta Bank to form The Union Bank
Calcutta
[3][1][4]
12
The Calcutta Bank
1824
1828
Merged with The Commercial Bank to form The Union Bank
Calcutta
[3][1][4]
13
The Bank of India
1828
1829
Defunct
Calcutta
[3][1][4]
14
The Union Bank
1828
1848
Defunct
Calcutta
[3][1][4]
15
The Government Savings Bank
1833
1843
Defunct
Calcutta
[3][1][4]
16
The Agra & United Service Bank
1833
1866
Defunct
Agra
[3][1][4]
17
The Bank of Mirzapore
1835
1837
Defunct
Mirzapur
[3][1][4]
18
Bank of India (London)
1836
1836
Defunct
Calcutta
[3][1][4]
19
The North Western Bank of India
1840
1859
Defunct
Mussoorie
[3][1][4]
20
Bank of Bombay
1840
1921
Merged with the Imperial Bank of India, presently the State Bank of India
Bombay
[3][1][4]
21
Bank of Asia
1841
1842
Defunct
London
[3][1][4]
22
The Bank of Ceylon
1841
1849
Merged with the Oriental Bank Corporation
Colombo
[3][1][4]
23
The East India Bank (1842)
1842
1842
Defunct
London
[3][1][4]
24
The Oriental Bank Corporation
1842
1884
Defunct
Bombay
[3][1][4]
25
The Agra Savings Fund
1842
1863
Defunct
Agra
[3][1][4]
26
The Bank of Madras
1843
1921
Merged with the Imperial Bank of India, presently the State Bank of India
Madras Presidency
[3][1][4]
27
Delhi Bank Corporation
1844
1916
Merged with the Alliance Bank of Simla
Delhi
[3][1][4]
28
The Benares Bank
1844
1850
Defunct
Benares
[3][1][4]
29
The Simla Bank Limited
1844
1893
Defunct
Shimla
[3][1][4]
30
The Commercial Bank of India
1845
1866
Defunct
Bombay
[3][1][4]
31
The Cawnpore Bank
1845
1852
Defunct
Kanpur
[3][1][4]
32
The Dacca Bank
1846
1862
Merged with the Bank of Bengal, presently State Bank of India
Dhaka
[3][1][4]
33
The London Bank of Australia and India
1852
1852
Defunct
Agra
[3][1][4]
34
Chartered Bank of Asia
1852
1855
Defunct
London
[3][1][4]
35
Chartered Mercantile Bank of India, London & China
1853
1853
Defunct
London
[3][1][4]
36
Chartered Bank of India, Australia and China
1853
1853
Defunct
London
[3][1][4]
37
The London and Eastern Banking Corporation
1854
1857
Defunct
London
[3][1][4]
38
The Comptoir D'Escompte of Paris
1854
1854
Defunct
Paris
[3][1][4]
^ abcdefghijklmnopqrstuvwxyzaaabacadaeafagahaiajakalam"The Evolution of Banking in India". 3 December 2018. Archived from the original on 23 May 2021. Retrieved 23 May 2021.
^"The World's Biggest Employers". Forbes. Archived from the original on 26 June 2015. Retrieved 31 July 2015.
^ abcdefghijklmnopqrstuvwxyzaaabacadaeafagahaiajakal"Reserve Bank of India - Museum". rbi.org.in. Archived from the original on 20 October 2021. Retrieved 22 May 2021.
^ abcdefghijklmnopqrstuvwxyzaaabacadaeafagahaiajakalShrivastava, Mohan Prasad (2007). Banking Reforms and Globalisation. ISBN 9788131301593. Archived from the original on 2 August 2023. Retrieved 10 April 2022.
and 26 Related for: List of oldest banks in India information
established in 1863, being the oldest publicly traded company inIndia. Listof companies ofIndiaListofoldestbanksinIndia Category:Companies ofIndia by...
banks that are “too big to fail”. The bank descends from the Bankof Calcutta, founded in 1806 via the Imperial BankofIndia, making it the oldest commercial...
This listof the oldestbanks includes financial institutions in continuous operation, operating with the same legal identity without interruption since...
This is a listofoldest extant buildings. A building is defined as any human-made structure used or interface for supporting or sheltering any use or...
of the oldest known church buildings in the world. In most instances, buildings listed here were reconstructed numerous times and only fragments of the...
This is a listof the oldest existing universities in continuous operation in the world. Inclusion in this list is determined by the date at which the...
This is a listofbanksin Canada, including chartered banks, credit unions, trusts, and other financial services companies that offer banking services...
of Indiain 1969, the bank provided banking and financial services for 155 years until it was merged with Indian Bankin 2020. It was the oldest still...
This is a listof zoos inIndia. For a listof aquaria, see Listof aquaria inIndia. Zoos are primarily dry facilities where animals are confined within...
State BankofIndiain 1955. For many years, the presidency banks had acted as quasi-central banks, as did their successors, until the Reserve Bankof India...
being the oldest living mother who gave birth at the age of 73 through in-vitro fertilisation via caesarean section in the city of Hyderabad, India. She delivered...
Syndicate Bank was one of the oldest major commercial banksinIndia. It was founded by Upendra Ananth Pai, T. M. A. Pai and Vaman Srinivas Kudva. At the...
native sites) Listof cities of the ancient Near East Listof largest cities throughout history, including ones no longer inhabited Listofoldest extant buildings...
sites inIndia as of January 2024. These are wetlands deemed to be of "international importance" under the Ramsar Convention. For a full listof all Ramsar...
Global Information